MasterCard And American Express Targets
MasterCard Incorporated (NYSE:MA) and American Express Company (NYSE:AXP) have been two of the strongest stocks in the market over the last few months. Both stocks are approaching multi year pivot highs. MasterCard is going to hit the $310 level, which is an all time high from 2008. American Express looks to be on target to hit its 2008 pivot high at $53.00. At these levels, both stocks should pull back significantly.